Santiment data show active addresses at a four-month high and social dominance near a 2026 peak after Charles Hoskinson warned of a "wave of failures" in the ecosystem.

Founder Charles Hoskinson was brutally honest about the troubles the Cardano ecosystem could face as the market continues declining.

Hoskinson's remarks followed a string of setbacks for the ecosystem, including the cancellation of Cardano's flagship conference and the shutdown of a prominent analytics platform.